Bombardier, Inc. Class B (TSE:BBD.B) Receives C$325.62 Consensus Target Price from Brokerages

Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) has received an average rating of “Hold” from the eleven analysts that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is C$325.62.

Several research analysts recently weighed in on the stock. Stifel Nicolaus set a C$390.00 price objective on shares of Bombardier, Inc. Class B and gave the stock a “buy” rating in a research report on Tuesday, September 8th. TD lifted their target price on shares of Bombardier, Inc. Class B from C$306.00 to C$320.00 and gave the company a “hold” rating in a research report on Monday, August 3rd. BMO Capital Markets boosted their price target on shares of Bombardier, Inc. Class B from C$350.00 to C$375.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. JPMorgan Chase & Co. boosted their price target on shares of Bombardier, Inc. Class B from C$295.00 to C$350.00 in a research note on Monday, August 31st. Finally, Desjardins increased their price target on shares of Bombardier, Inc. Class B from C$324.00 to C$364.00 and gave the stock a “buy” rating in a report on Wednesday, June 10th.

Read Our Latest Report on BBD.B

Bombardier, Inc. Class B Stock Up 2.7%

Shares of TSE BBD.B opened at C$309.02 on Friday. The stock’s 50-day simple moving average is C$334.17 and its two-hundred day simple moving average is C$297.50. Bombardier, Inc. Class B has a twelve month low of C$159.01 and a twelve month high of C$377.77. The firm has a market capitalization of C$30.49 billion, a P/E ratio of 34.37, a P/E/G ratio of 6.26 and a beta of 1.66.

About Bombardier, Inc. Class B

(Get Free Report)

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.

Further Reading

Analyst Recommendations for Bombardier, Inc. Class B (TSE:BBD.B)

Receive News & Ratings for Bombardier Inc. Class B Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bombardier Inc. Class B and related companies with MarketBeat.com's FREE daily email newsletter.